US Auto Delinquencies Have Jumped 50% From 15 Years Ago

Car loans have gone from the safest consumer credit products to among the riskiest over the last 15 years as delinquencies rose more than 50%, driven by soaring car prices and rising interest rates, a new study shows.

Consumers across all income categories are struggling to make monthly car payments, according to VantageScore, a credit-scoring company.